Grand Cayman, Cayman Islands, July 11th, 2024,
Chainwire
Zero Hash, the leading crypto and stablecoin infrastructure
platform, today announced that its platform customers can now
enable the SUI token from Sui, the Layer 1 blockchain in permitted
jurisdictions.
Sui was designed with the objective of providing unparalleled
speed, security, and scalability. It achieves near instant
transaction finality and supports up to 297,000 transactions per
second. Utilizing the innovative Move programming language, Sui
enables developers to build advanced, secure smart contracts. The
Sui blockchain has already processed over four billion transactions, showcasing its
capability to support large-scale applications and
services.
Zero Hash's full stack technical and global regulatory
infrastructure facilitates the compliant movement of value of fiat,
crypto, and stablecoins. Zero Hash’s APIs and SDKs enable
businesses to seamlessly embed blockchain technology, including
Sui, with minimal friction. With access to over 65 digital assets
and 22 blockchains, now including Sui, Zero Hash powers businesses
to build highly connected and interoperable crypto and stablecoin
products, for the new era of money movement and value transfer.
Greg Siourounis, Managing Director of the Sui
Foundation, commented, “We are thrilled that Zero Hash now supports
Sui. Zero Hash’s infrastructure is vital for connecting fiat and
crypto economies, making it easier for businesses and users to
interact with the Sui technology platform.”
Joaqin Ayuso de Paul, Global Head of Product at Zero
Hash, added, “The integration of SUI blockchain into Zero Hash’s
ecosystem is another example of us providing our customers
simplified and compliant access to innovative technology to design
new and improved ways to move value globally."
About Sui
Sui is a first-of-its-kind Layer 1 blockchain and smart contract
platform designed from the ground up to make digital asset
ownership fast, private, secure, and accessible to everyone. Its
object-centric model, based on the Move programming language,
enables parallel execution, sub-second finality, and rich on-chain
assets. With horizontally scalable processing and storage, Sui
supports a wide range of applications with unrivaled speed at low
cost. Sui is a step-function advancement in blockchain and a
platform on which creators and developers can build amazing
user-friendly experiences. For more information about Sui, users
can visit https://sui.io.
About Zero Hash
Zero Hash is a B2B2C crypto-as-a-service infrastructure platform
that allows any platform to embed digital assets natively into
their own customer experience quickly and easily through a matter
of API endpoints. Zero Hash’s turnkey solution handles the entire
backend complexity and regulatory licensing required to offer
crypto products.
Zero Hash Holdings, through its subsidiaries, powers neo-banks,
broker-dealers, payment groups as well as non-financial brands to
offer crypto and stablecoin-powered products.
Zero Hash Holdings is backed by investors, including Point72
Ventures, Bain Capital Ventures, and NYCA.
Zero Hash LLC is a FinCen-registered Money Service Business and
a regulated Money Transmitter that can operate in 51 US
jurisdictions. Zero Hash LLC and Zero Hash Liquidity Services LLC
are licensed to engage in virtual currency business activity by the
New York State Department of Financial Services. In Canada, Zero
Hash LLC is registered as a Money Service Business with
FINTRAC.
Zero Hash Australia Pty Ltd. is registered with AUSTRAC as a
Digital Currency Exchange Provider, with DCE registered provider
number DCE100804170-001. This registration enables Zero Hash
to offer its crypto services in Australia. Zero Hash Australia
Pty Ltd. is registered on the New Zealand register of financial
service providers, with Financial Service Provider
(FSP) number FSP1004503. A FSP in New Zealand is a
registration and does not mean that Zero Hash Australia Pty Ltd. is
licensed by a New Zealand regulator to provide crypto
services. Zero Hash Australia Pty Ltd.’s registration on the
New Zealand register of financial service providers does not mean
that Zero Hash Australia is subject to active regulation or
oversight by a New Zealand regulator. Zero Hash Europe
B.V. is registered as a Virtual Asset Services Provider
(VASP) registration by the Dutch Central Bank (Relation number:
R193684). Zero Hash Europe Sp. Zoo is
registered as a VASP by the Tax Administration Chamber of Poland in
Katowice (Registration number RDWW – 1212).
Users can connect with Zero Hash on LinkedIn, or visit
www.zerohash.com for
more information.
*Disclosures
Zero Hash services and product offerings may not be available in
all jurisdictions. Zero Hash accounts are not subject to FDIC
or SIPC protections, or any such equivalent protections that may
exist outside of the US. Zero Hash’s technical support and
enablement of any asset is not an endorsement of such asset and is
not a recommendation to buy, sell, or hold any crypto asset. The
value of any cryptocurrency, including digital assets pegged to
fiat currency, commodities, or any other asset, may go to zero.
Contact
Sui
Foundation
media@sui.io